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Determine the optimum preventive maintenance frequency for each of the pieces of equipment if breakdown time is normally distributed: ( Round Probability Ratio to 4
Determine the optimum preventive maintenance frequency for each of the pieces of equipment if breakdown time is normally distributed: Round "Probability Ratio" to decimal places, and all other answers to decimal places. Negative values should be indicated by a minus sign.
Use Table.
Equipment Average Time days between Breakdowns Standard Deviation
A
B
C
Equipment Preventive Maintenance Cost Breakdown Cost
A $ $
B $ $
C $ $
Click here for the Excel Data File. Find the probability ratio, z and interval days for A B & C
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